BUZZ-Deere rises after Q2 earnings beat estimates

Reuters

05/15

** Agricultural-equipment maker Deere & Co DE.N shares up 1% to $502 in premarket trading

** Co posts Q2 adj EPS of $6.64 vs analysts' avg estimates of $5.58, according to data compiled by LSEG

** DE posts Q2 revenue of $11.2 bln vs estimates of $10.8 bln

** However, co cuts annual net income forecast to $4.75 bln -$5.5 bln, from $5 bln - $5.5 bln, over softer demand for tractors from farmers opting to rent machines instead

** Ten of 24 brokerages rate the stock "buy" or higher, 13 "hold" and 1 "sell"; their median PT is $500 - LSEG data

** As of last close, stock had risen 17.4% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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Co <span>DE.N</span> shares up 1% to $502 in premarket trading</p><p>** Co posts Q2 adj EPS of $6.64 vs analysts' avg estimates of $5.58, according to data compiled by LSEG </p><p>** DE posts Q2 revenue of $11.2 bln vs estimates of $10.8 bln</p><p>** However, co <span>cuts annual net income forecast</span> to $4.75 bln -$5.5 bln, from $5 bln - $5.5 bln, over softer demand for tractors from farmers opting to rent machines instead</p><p>** Ten of 24 brokerages rate the stock \"buy\" or higher, 13 \"hold\" and 1 \"sell\"; their median PT is $500 - LSEG data</p><p>** As of last close, stock had risen 17.4% YTD</p><p> (Reporting by Apratim Sarkar)</p><p> ((Apratim.Sarkar@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DE","symbol_name":"迪尔股份有限公司","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nL4N3RN0Z9:1","article_id":"2535841344","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535841344","pubTimestamp":1747308996,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Deere rises after Q2 earnings beat estimates ** Agricultural-equipment maker Deere & Co DE.N shares up 1% to $502 in premarket trading** Co posts Q2 adj EPS of $6.64 vs analysts' avg estimates of $5.58, according to data compiled by LSEG ** DE posts Q2 revenue of $11.2 bln vs estimates of $10.8 bln** However, co cuts annual net income forecast to $4.75 bln -$5.5 bln, from $5 bln - $5.5 bln, over softer demand for tractors from farmers opting to rent machines instead** Ten of 24 brokerages rate the stock \"buy\" or higher, 13 \"hold\" and 1 \"sell\"; 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